electro automation (n.i.) limited
electro automation (n.i.) limited Company Information
Company Number
NI018615
Next Accounts
Jul 2025
Industry
Installation of industrial machinery and equipment
Shareholders
electro automation ltd
nominee of electro automation ltd
Group Structure
View All
Contact
Registered Address
unit 21 cresent business park, enterprise cresent, lisburn, northern ireland, BT28 2GN
Website
www.electroautomation.co.ukelectro automation (n.i.) limited Estimated Valuation
Pomanda estimates the enterprise value of ELECTRO AUTOMATION (N.I.) LIMITED at £1.9m based on a Turnover of £2.8m and 0.68x industry multiple (adjusted for size and gross margin).
electro automation (n.i.) limited Estimated Valuation
Pomanda estimates the enterprise value of ELECTRO AUTOMATION (N.I.) LIMITED at £832.3k based on an EBITDA of £159k and a 5.23x industry multiple (adjusted for size and gross margin).
electro automation (n.i.) limited Estimated Valuation
Pomanda estimates the enterprise value of ELECTRO AUTOMATION (N.I.) LIMITED at £6.7m based on Net Assets of £2.5m and 2.69x industry multiple (adjusted for liquidity).
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Electro Automation (n.i.) Limited Overview
Electro Automation (n.i.) Limited is a live company located in lisburn, BT28 2GN with a Companies House number of NI018615. It operates in the installation of industrial machinery and equipment sector, SIC Code 33200. Founded in July 1985, it's largest shareholder is electro automation ltd with a 50% stake. Electro Automation (n.i.) Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.8m with low growth in recent years.
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Electro Automation (n.i.) Limited Health Check
Pomanda's financial health check has awarded Electro Automation (N.I.) Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
7 Weak
Size
annual sales of £2.8m, make it smaller than the average company (£9.7m)
£2.8m - Electro Automation (n.i.) Limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.8%)
1% - Electro Automation (n.i.) Limited
4.8% - Industry AVG
Production
with a gross margin of 37.3%, this company has a lower cost of product (28%)
37.3% - Electro Automation (n.i.) Limited
28% - Industry AVG
Profitability
an operating margin of 5.4% make it as profitable than the average company (4.6%)
5.4% - Electro Automation (n.i.) Limited
4.6% - Industry AVG
Employees
with 23 employees, this is below the industry average (30)
23 - Electro Automation (n.i.) Limited
30 - Industry AVG
Pay Structure
on an average salary of £52.3k, the company has an equivalent pay structure (£51.6k)
£52.3k - Electro Automation (n.i.) Limited
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £122.6k, this is less efficient (£207.4k)
£122.6k - Electro Automation (n.i.) Limited
£207.4k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is near the average (67 days)
74 days - Electro Automation (n.i.) Limited
67 days - Industry AVG
Creditor Days
its suppliers are paid after 22 days, this is quicker than average (46 days)
22 days - Electro Automation (n.i.) Limited
46 days - Industry AVG
Stock Days
it holds stock equivalent to 66 days, this is more than average (46 days)
66 days - Electro Automation (n.i.) Limited
46 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (10 weeks)
6 weeks - Electro Automation (n.i.) Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19%, this is a lower level of debt than the average (61.2%)
19% - Electro Automation (n.i.) Limited
61.2% - Industry AVG
ELECTRO AUTOMATION (N.I.) LIMITED financials
Electro Automation (N.I.) Limited's latest turnover from October 2023 is £2.8 million and the company has net assets of £2.5 million. According to their latest financial statements, Electro Automation (N.I.) Limited has 23 employees and maintains cash reserves of £71.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 2,819,295 | 2,467,749 | 2,822,635 | 2,762,653 | 2,724,775 | 2,470,096 | 2,403,672 | 1,914,567 | 1,810,605 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 1,766,724 | 1,480,488 | 1,732,361 | 1,742,666 | 1,570,895 | 1,416,165 | 1,446,347 | 1,066,000 | 1,112,033 | ||||||
| Gross Profit | 1,052,571 | 987,261 | 1,090,274 | 1,019,987 | 1,153,880 | 1,053,931 | 957,325 | 848,567 | 698,572 | ||||||
| Admin Expenses | 901,304 | 790,826 | 801,155 | 748,666 | 861,536 | 808,604 | 733,155 | 664,330 | 548,987 | ||||||
| Operating Profit | 151,267 | 196,435 | 289,119 | 271,321 | 292,344 | 245,327 | 224,170 | 184,237 | 149,585 | ||||||
| Interest Payable | 0 | 92 | 470 | 1,068 | 440 | 0 | 0 | 0 | 195 | ||||||
| Interest Receivable | 0 | 2 | 62 | 0 | 0 | 0 | 0 | 266 | 122 | ||||||
| Pre-Tax Profit | 151,267 | 196,345 | 288,711 | 270,253 | 291,904 | 245,327 | 224,170 | 184,503 | 149,512 | ||||||
| Tax | -17,884 | -47,929 | -55,299 | -47,081 | -53,945 | -47,213 | -46,927 | -46,387 | -29,637 | ||||||
| Profit After Tax | 133,383 | 148,416 | 233,412 | 223,172 | 237,959 | 198,114 | 177,243 | 138,116 | 119,875 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | 133,383 | 148,416 | 233,412 | 223,172 | 237,959 | 198,114 | 177,243 | 138,116 | 119,875 | ||||||
| Employee Costs | 1,202,060 | 1,044,711 | 1,015,415 | 807,988 | 787,308 | 732,279 | 663,881 | 627,272 | 506,704 | 472,374 | 455,853 | 456,827 | 533,417 | 500,135 | 522,635 |
| Number Of Employees | 23 | 22 | 20 | 22 | 20 | 17 | 16 | 15 | 14 | 13 | 14 | 14 | 17 | 16 | 19 |
| EBITDA* | 158,996 | 235,129 | 330,923 | 326,635 | 334,449 | 279,892 | 260,025 | 215,907 | 166,764 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 46,118 | 52,051 | 86,013 | 127,613 | 177,247 | 140,541 | 155,461 | 166,281 | 99,121 | 90,451 | 94,191 | 51,645 | 286,650 | 303,074 | 316,943 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 62,500 | 62,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 108,618 | 114,551 | 86,013 | 127,613 | 177,247 | 140,541 | 155,461 | 166,281 | 99,121 | 90,451 | 94,191 | 51,645 | 286,650 | 303,074 | 316,943 |
| Stock & work in progress | 321,469 | 322,313 | 265,457 | 208,314 | 205,145 | 312,072 | 291,128 | 274,559 | 142,423 | 140,370 | 143,480 | 152,592 | 504,730 | 204,181 | 141,417 |
| Trade Debtors | 574,337 | 398,698 | 567,170 | 681,603 | 569,847 | 450,765 | 501,743 | 360,138 | 445,239 | 853,877 | 876,376 | 884,649 | 1,011,149 | 1,088,734 | 1,062,195 |
| Group Debtors | 1,956,155 | 2,055,985 | 1,644,347 | 1,327,250 | 1,123,443 | 987,854 | 755,854 | 659,948 | 509,975 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 39,612 | 22,211 | 3,587 | 61,280 | 3,587 | 3,587 | 3,587 | 3,587 | 3,587 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 71,867 | 147,570 | 222,583 | 254,890 | 174,649 | 279,468 | 204,990 | 341,851 | 411,048 | 329,715 | 133,522 | 166,116 | 88,757 | 160,687 | 13,092 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,963,440 | 2,946,777 | 2,703,144 | 2,533,337 | 2,076,671 | 2,033,746 | 1,757,302 | 1,640,083 | 1,512,272 | 1,323,962 | 1,153,378 | 1,203,357 | 1,604,636 | 1,453,602 | 1,216,704 |
| total assets | 3,072,058 | 3,061,328 | 2,789,157 | 2,660,950 | 2,253,918 | 2,174,287 | 1,912,763 | 1,806,364 | 1,611,393 | 1,414,413 | 1,247,569 | 1,255,002 | 1,891,286 | 1,756,676 | 1,533,647 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 110,600 | 215,887 | 43,082 | 159,363 | 44,772 | 103,732 | 55,414 | 51,102 | 87,444 | 535,494 | 516,075 | 587,243 | 1,063,364 | 873,848 | 753,275 |
| Group/Directors Accounts | 97,657 | 97,657 | 97,657 | 97,657 | 97,668 | 242,034 | 238,338 | 331,155 | 227,370 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 7,059 | 11,766 | 11,191 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 375,192 | 392,558 | 434,549 | 411,684 | 331,213 | 316,254 | 304,858 | 287,197 | 297,785 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 583,449 | 706,102 | 582,347 | 680,470 | 484,844 | 662,020 | 598,610 | 669,454 | 612,599 | 535,494 | 516,075 | 587,243 | 1,063,364 | 873,848 | 753,275 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 7,082 | 18,848 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 7,082 | 18,848 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 583,449 | 706,102 | 582,347 | 687,552 | 503,692 | 662,020 | 598,610 | 669,454 | 612,599 | 535,494 | 516,075 | 587,243 | 1,063,364 | 873,848 | 753,275 |
| net assets | 2,488,609 | 2,355,226 | 2,206,810 | 1,973,398 | 1,750,226 | 1,512,267 | 1,314,153 | 1,136,910 | 998,794 | 878,919 | 731,494 | 667,759 | 827,922 | 882,828 | 780,372 |
| total shareholders funds | 2,488,609 | 2,355,226 | 2,206,810 | 1,973,398 | 1,750,226 | 1,512,267 | 1,314,153 | 1,136,910 | 998,794 | 878,919 | 731,494 | 667,759 | 827,922 | 882,828 | 780,372 |
| Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 151,267 | 196,435 | 289,119 | 271,321 | 292,344 | 245,327 | 224,170 | 184,237 | 149,585 | ||||||
| Depreciation | 7,729 | 38,694 | 41,804 | 55,314 | 42,105 | 34,565 | 35,855 | 31,670 | 17,179 | 17,717 | 18,445 | 20,610 | 19,648 | 21,423 | 21,812 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -17,884 | -47,929 | -55,299 | -47,081 | -53,945 | -47,213 | -46,927 | -46,387 | -29,637 | ||||||
| Stock | -844 | 56,856 | 57,143 | 3,169 | -106,927 | 20,944 | 16,569 | 132,136 | 2,053 | -3,110 | -9,112 | -352,138 | 300,549 | 62,764 | 141,417 |
| Debtors | 93,210 | 261,790 | 144,971 | 373,256 | 254,671 | 181,022 | 237,511 | 64,872 | 104,924 | -22,499 | -8,273 | -126,500 | -77,585 | 26,539 | 1,062,195 |
| Creditors | -105,287 | 172,805 | -116,281 | 114,591 | -58,960 | 48,318 | 4,312 | -36,342 | -448,050 | 19,419 | -71,168 | -476,121 | 189,516 | 120,573 | 753,275 |
| Accruals and Deferred Income | -17,366 | -41,991 | 22,865 | 80,471 | 14,959 | 11,396 | 17,661 | -10,588 | 297,785 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -73,907 | -632 | -19,906 | 98,191 | 88,759 | 90,427 | -19,009 | -74,418 | -120,115 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | -17,390 | -24,388 | -97,330 | -25,849 | ||||||
| Change in Investments | 0 | 62,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | -62,500 | 0 | 0 | 0 | -17,390 | -24,388 | -97,330 | -25,849 | ||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | -11 | -144,366 | 3,696 | -92,817 | 103,785 | 227,370 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | -7,059 | -11,789 | -11,191 | 30,039 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | -90 | -408 | -1,068 | -440 | 0 | 0 | 266 | -73 | ||||||
| cash flow from financing | 0 | -7,149 | -12,197 | -12,270 | -114,767 | 3,696 | -92,817 | 104,051 | 227,297 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | -75,703 | -75,013 | -32,307 | 80,241 | -104,819 | 74,478 | -136,861 | -69,197 | 81,333 | 196,193 | -32,594 | 77,359 | -71,930 | 147,595 | 13,092 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -75,703 | -75,013 | -32,307 | 80,241 | -104,819 | 74,478 | -136,861 | -69,197 | 81,333 | 196,193 | -32,594 | 77,359 | -71,930 | 147,595 | 13,092 |
electro automation (n.i.) limited Credit Report and Business Information
Electro Automation (n.i.) Limited Competitor Analysis
Perform a competitor analysis for electro automation (n.i.) limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in BT28 area or any other competitors across 12 key performance metrics.
electro automation (n.i.) limited Ownership
ELECTRO AUTOMATION (N.I.) LIMITED group structure
Electro Automation (N.I.) Limited has no subsidiary companies.
Ultimate parent company
ELECTRO AUTOMATION (GROUP) LIMITED
IE254669
ELECTRO AUTOMATION LIMITED
IE099871
2 parents
ELECTRO AUTOMATION (N.I.) LIMITED
NI018615
electro automation (n.i.) limited directors
Electro Automation (N.I.) Limited currently has 3 directors. The longest serving directors include Mr Patrick Doherty (Jul 1985) and Mr Robert Fleming (Jan 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Patrick Doherty | Ireland | 72 years | Jul 1985 | - | Director |
| Mr Robert Fleming | Northern Ireland | 67 years | Jan 2002 | - | Director |
| Mr Craig McVeigh | 52 years | Jul 2016 | - | Director |
P&L
October 2023turnover
2.8m
+14%
operating profit
151.3k
-23%
gross margin
37.4%
-6.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
October 2023net assets
2.5m
+0.06%
total assets
3.1m
0%
cash
71.9k
-0.51%
net assets
Total assets minus all liabilities
electro automation (n.i.) limited company details
company number
NI018615
Type
Private limited with Share Capital
industry
33200 - Installation of industrial machinery and equipment
incorporation date
July 1985
age
39
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
October 2023
previous names
N/A
accountant
-
auditor
BOYLAN & DODD
address
unit 21 cresent business park, enterprise cresent, lisburn, northern ireland, BT28 2GN
Bank
BANK OF IRELAND
Legal Advisor
CONN & FENTON
electro automation (n.i.) limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 1 charges/mortgages relating to electro automation (n.i.) limited. Currently there are 1 open charges and 0 have been satisfied in the past.
electro automation (n.i.) limited Companies House Filings - See Documents
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